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Dr. Mandaviya shared exciting news about the Indian Biotech Industry. He said they’re planning to reach $150 billion by 2025 and an impressive $300 billion by 2030. Right now, India is already a big player, ranking among the top 12 go-to places for biotech globally, contributing about 3% to the whole global biotech scene.
The Minister spoke about this during a virtual meeting called ‘Biotechnology: The Path of Innovation & Wellness for Viksit Bharat.
Dr. Mansukh Mandaviya, the Health & Family Welfare Minister of India, spoke at a virtual summit called ‘Biotechnology: The Path of Innovation & Wellness for Viksit Bharat.’ With Chief Minister Bhupendra Patel in attendance at Science City, Ahmedabad, Gujarat,
Dr. Mandaviya shared a remarkable fact: India’s ‘Bio-Economy’ surged from $10 billion to a whopping $80 billion in just eight years! Looking ahead, he emphasized that biotechnology is set to become the primary pillar of healthcare in the future.
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This gathering is like a warm-up for the big show Before the 10th Vibrant Gujarat Global Summit in January 2024 at Mahatma Gandhi Mandir, Gandhinagar, there’s this early event. The main summit will be all about ‘Gateway to the Future.’ It’s like the appetizer before the main course of exciting discussions and plans for the future.
Dr. Mandaviya pointed out some big goals for India’s Biotech Industry. They’re aiming to hit $150 billion by 2025 and an even more impressive $300 billion by 2030. Right now, India is one of the coolest spots for Biotech globally, ranking in the top 12. Imagine, about 3% of all the Biotech action in the world is happening right here in India!
Dr. Mandaviya believes that this industry is like a superhero, solving tricky problems in farming, the environment, making stuff, and much more. It’s not just about medicines—it’s like a problem-solving wizard for everything! He thinks in the future, our whole economy will be like a cool biotech superhero, fixing things and making life better.
Dr. Mandaviya shared some exciting words from Prime Minister Narendra Modi. It’s like the PM said India is gearing up to be one of the top ten nations in the global biotech gang! Dr. Mandaviya believes in the PM’s big dream of making India super-advanced by 2047, and he sees the biotech sector as a key player in making that dream come true. It’s like the superhero helping India become a top-notch developed nation.
Dr. Mandaviya proudly talked about how India’s vaccine game during the pandemic was like flexing our muscles in biotechnology. It was our way of saying, “Hey world, look what we can do!” He thinks the National Biotechnology Development Strategy 2020-25 is like a super plan.
It helps the government team up with experts to make a strong group for sharing knowledge, developing skills, and bringing out cool innovations. Plus, it’s a way for businesses and the government to team up, like buddies, to make sure these biotech solutions reach everyone who needs them. It’s a teamwork magic show
Dr. Mandaviya gave a big thumbs up to everyone in India making strides in the biotech world. He’s like, “Good job, startups, industries, researchers, and everyone else!” He especially gave a shout-out to Gujarat, saying they’ve been rocking the biotech scene for over two decades.
According to him, Gujarat was the cool pioneer, being the first state to kick off a Biotech Mission 15-20 years ago. So, they’ve been on the biotech adventure since way back, helping India become a healthcare and innovation champ. High-fives all around
Mr. Patel gave a big nod to the superhero role of the Biotech sector. He’s all in for the future, saying, “We’re focusing on the cool stuff, and Biotech is at the top of our list!” To him, Biotech is like the hope-bringer, and he believes it’s going to be a game-changer not just for Gujarat but for the whole world.
And to kick things off in style, he even cut the ribbon for the ‘Start-Up Product Launch’—like the grand opening of a tech superhero showcase
Loads of important folks showed up at the event! Raj Kumar, the top boss in Gujarat, and Mona Khandhar, the go-to person for Science and tech in the state, were there. Dr. Rajesh Gokhale, who’s big in the Ministry of Science and Technology, joined the crew too.
Alongside them were other high-ranking government officials, mission directors (they’re like the captains of cool projects), and some important VIPs. It was like a gathering of the who’s who in making cool things happen
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